“The Jevons paradox is a staple of environmental economics used to describe how the introduction of more efficient technologies tends to increase the consumption of resources rather than decrease it.” – Alex B.
Will Lightning steal fees from Bitcoin miners and threaten the security of Bitcoin into the future? Or will is be the aggregation layer that enables so many additional and higher value use cases for Bitcoin block space, that it may be the very thing necessary to enable the fee growth needed to sustain Bitcoin indefinitely? An excellent piece read today from Alex B …
The Lightning Paradox:
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